President Obama stated in his State of the Union address to the nation: “wherever and whenever I can take steps without legislation to expand opportunity for more American families, that’s what I’m going to do.” He has already signed an executive order raising the minimum wage for workers under new federal contracts to $10.10 an … Continue Reading
As many expected, today President Obama issued an Order exercising his statutory authority to block foreign investment in the United States that he finds to impair national security – in this case, the acquisition of wind farms in Oregon by Ralls Corporation, a firm owned by Chinese nationals. As previously reported, following CFIUS’ interim measures … Continue Reading
In a closely-watched case that will have important implications for future Chinese investment in the U.S. renewable energy market, President Obama is expected to rule in the next day or so on whether Ralls Corporation can go ahead with the acquisition of a wind farm that happens to be located near restricted airspace used for … Continue Reading
